https://www.taxtmi.com/caselaws?id=348386 Notification No. 158/95 permitted re-import within three years of export and re-export within six months of re-import, with a further six-month extension available at the Commissioner's discretion. The notification did not require the extension request to be filed before expiry of the initial six-month period. Where the goods were re-exported within the overall permissible period, benefit of the notification could not be denied merely because the extension application was made after six months. On that basis, compliance with the notification was found and forfeiture of the bank guarantee was not sustainable. en-us Tue, 29 Aug 2017 00:00:00 +0530 Sat, 30 Dec 2017 16:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348386 Notification No. 158/95 permitted re-import within three years of export and re-export within six months of re-import, with a further six-month extension available at the Commissioner's discretion. The notification did not require the extension request to be filed before expiry of the initial six-month period. Where the goods were re-exported within the overall permissible period, benefit of the notification could not be denied merely because the extension application was made after six months. On that basis, compliance with the notification was found and forfeiture of the bank guarantee was not sustainable. Case-Laws Customs Tue, 29 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348386